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Import Cost for Brazil Sugar in China-4/17/2020

2020-04-20 www.cofeed.com
Item Apr. 17 Apr. 16 Unit
ICE Most-active Contract 10.53 10.33 Cents/pound
Brz Raw Sugar Premiums 0.05 0.04 Cents/pound
Brz Sugar Freight 32 32 USD/tonne
Exchange Rate 7.0749 7.0848 (CNY/USD)
Duty-paid Price within Quotas 3049 3006 yuan/tonne
       Price Spread with Shandong Sugar 2751 2794 yuan/tonne
       Price Spread with Guangxi Sugar 2571 2614 yuan/tonne
       Price Spread with Yunnan Sugar 2451 2494 yuan/tonne
       Price Spread with ZCE Contract* 2371 2429 yuan/tonne
Duty-paid Price beyond Quotas 4692 4623 yuan/tonne
       Price Spread with Shandong Sugar 1108 1177 yuan/tonne
       Price Spread with Guangxi Sugar 928 997 yuan/tonne
       Price Spread with Yunnan Sugar 808 877 yuan/tonne
       Price Spread with ZCE Contract 728 812 yuan/tonne
*The most-active contract on the Zhengzhou Commodity Exchange